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Oracle cuts jobs as it tries to catch AWS in cloud race

March 27, 2019

Via: ZDnet
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Oracle plans to get rid of over 350 employees in the coming months as the database giant attempts to transform itself for an enterprise world dominated by Amazon Web Services (AWS).

As reported by Bloomberg, Oracle disclosed the impending cuts in a notice filed last week with California’s Employment Development Department. The company will dismiss 255 employees from its Redwood City headquarters and 97 employees from its Santa Clara offices in May.

Some of the job cuts affect workers from the Oracle Cloud Infrastructure (OCI) unit, the company’s infrastructure-as-a-service offering for outsourced compute, storage, and network resources.

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